
Oakland, California 94618
This Versatile Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,395,000—positioned well below the $1,792,865 Fair Market Value by 22%. This valuation gap offers $397,865 in Instant Equity. Featuring a High-End Renovated Condition Rating, the home includes a modern open-concept kitchen and flexible lower-level suite. Located in the sought-after Rockridge neighborhood near Top-Rated Schools like Chabot Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-generating lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5427 Carlton St Subject 3 bd · 3 ba · 2,027 sqft · $884 | $1,395,000* List Price | 3 | 3 | 2,027 | $884 | - |
A 135 Alta Rd Sold 3 bd · 3 ba · 2,075 sqft · $655 · 1.0 mi | $1,360,000 | 3 | 3 | 2,075 | $655 | 1.0 mi |
B 5552 Broadway Sold 3 bd · 3 ba · 2,294 sqft · $615 · 0.2 mi | $1,410,000 | 3 | 3 | 2,294 | $615 | 0.2 mi |
C 5446 Shafter Ave Sold 5 bd · 2 ba · 2,050 sqft · $817 · 0.4 mi | $1,675,000 | 5 | 2 | 2,050 | $817 | 0.4 mi |
D 5377 Bryant Ave Pending 4 bd · 4 ba · 2,109 sqft · $709 · 0.2 mi | $1,495,000 List Price | 4 | 4 | 2,109 | $709 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1951, the property has undergone a high-end, comprehensive modern renovation within the last 5 years. The interior features a contemporary open-concept kitchen with Viking appliances and marble countertops, updated bathrooms with modern fixtures and frameless glass showers, and high-quality finishes including recessed lighting and hardwood floors throughout.
Situated in one of Oakland's most coveted neighborhoods, the property offers excellent walkability and proximity to top-rated schools, including Chabot Elementary and Oakland Technical High.
The lower level features a private entrance, plumbing for a potential kitchenette, and dedicated outdoor space, making it ideal for a rental unit, au-pair suite, or multi-generational living.
Rare level-in access from the main floor to an expansive, flat grassy yard and patio provides a highly desirable extension of the living space for entertaining and play.
Built in 1951, the home may require updates to aging systems or structural components common in properties of this era to meet modern efficiency and seismic standards.
At 4,792 square feet, the lot is relatively compact for the price point, which may limit future expansion possibilities or provide less privacy from neighboring properties.
More Pictures of Yard and exterior Coming Sat!!! Located in the heart of desirable Rockridge, this light-filled three-bedroom, two-and-a-half-bath home combines modern style, beautiful indoor-outdoor living, and an exceptionally versatile floor plan. With access from both Carlton Street and Belgrave Avenue, the property offers a unique combination of flexibility, privacy, and convenience. The main level enjoys level-in access from Carlton Street and features two bedrooms, one and a half bathrooms, an inviting open-concept kitchen and living area, beautiful hardwood floors, abundant natural light, and a clean, contemporary aesthetic. An expansive, level grassy yard and spacious patio create a wonderful extension of the living space, ideal for entertaining, outdoor dining, relaxation, and play. A beautiful, light-filled interior staircase connects the two levels, with a generous landing offering additional flexible space, ideal for a home office or creative workspace. The lower level features an exceptionally spacious suite with its own private entrance from Belgrave Avenue, a beautifully appointed bathroom, and a bonus area with existing plumbing offering potential for a kitchenette. Complete with its own private outdoor space, this level provides wonderful flexibility for guests, extended family, a home office, or a studio-style retreat. Both full bathrooms feature double vanities and separate bathtubs and showers. A two-car garage accessed from Belgrave Avenue adds convenience and functionality. With its modern aesthetic, flexible floor plan, generous outdoor spaces, and sought-after Rockridge location, this distinctive property offers an exceptional combination of style, comfort, and versatility.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,027 | 1,591.405 |
| Lot Size | 4,792 | 5,033.821 |
| Price | $1.40M | $1.04M |
| Price per sq ft | $688 | $611 |
| Built year | 1951 | 1927 |
| HOA | $0 | $227 |
| Days on market | 2 | 36 |
Oct 22, 2026
$1,395,000
Initial Listing
Nov 17, 2010
$973,000
Public Record
Jun 25, 2008
$765,000
Public Record
Apr 29, 2003
$700,000
Public Record
May 25, 1999
$395,000
Public Record
Aug 23, 1996
$240,000
Public Record